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Australian Dollar Gain in Currency Trading
Fed rate cut helps Aussie in forex tradingYesterday's Fed rate cut helped push the Australian dollar up to 94 US cents in currency trading on the FX market. The Aussie has been doing well in forex trading on growth prospects. ...
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Forex Trading Forecast: Euro
Currency trading with the euroThe forex trading forecast for the euro may be showing some signs of weakness. In currency trading, the euro has been getting a bit weaker against the US dollar. The euro did get a small boost yesterday, ...
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Currency Trading: Leverage
Leverage helps you make a bigger forex trading profitOne of the things that makes currency trading so profitable is leverage. This is when, in forex trading, you are able to use a smaller amount of money to "trade" large lots. ...
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Labor day thin market
Europe is on holiday and London pushed eur/usd nicely down. I was playing that they don't have the strength to push belove 5500. I had half size trade and it was all so slow. They pushed again and I averaged with another half size. ...
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USDCHF Hedge to Protect Dollar Bulls through Event Risk
The Swiss Franc has historically served as a standby safe haven asset in times of financial and political uncertainty. It is understandable then that as...
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Euro Tumbles as Markets Reassess Post -FOMC Reaction
Talking Points - Japanese Yen: Vice Fin Min Tsuda worries about export slowdown, yen back above 104.00 - Euro: Rethink of FOMC reaction pushed euro back...
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01 May Probability Studies
Although the FED cut rates yesterday with 25bp they used words such as the rate cuts have been “substantial” and “no urgency” to cut rates again. This amplifies our greenback-strength bias. EUR/USD - Bearish Trading Condition. ...
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Forex Trading: Euros getting offered from its trendline resistance...
Euros getting offered from its trendline resistance.
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Forex Trading: Euro continuing to tumble as London doesn't like ...
Euro continuing to tumble as London doesn't like EUR/USD.
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Forex Trading: Euro calling "May Day, May Day" as it sinks lower ...
Euro calling "May Day, May Day" as it sinks lower and lower.
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Forex Trading News: EURUSD Bounces Right Off Key Support
The EURUSD just hit a key support of 1.5517 only to bounce right off and gain 20 PIPS. This was a textbook move as the number hit and reacted instantly.
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Forex Trading News: GBP Manufacturing PMI Released Higher Than ...
The Manufacturing PMI comes out at 51 from the previous 51.3. The forecast for this release was at 50.7. An modest initial gain after this release for GBP vs. its counters.
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Forex Trading: Euros near their London session lows...
Euros near their London session lows, let's see what NY thinks of these levels as they will be coming in shortly.
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Forex Trading: USD/JPY in its down trend channel on a short term...
USD/JPY in its down trend channel on a short term, looking a little weak. If it can't muster an assault above the figure, we could see some follow through to USD profit taking on what appears to be an illiquid move through...
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Forex Trading: USD/CHF leading USD strength and USD/JPY may follow...
USD/CHF leading USD strength here. USD/JPY may follow if USD/CHF can catch a bid above the 60 level which may see USD/JPY play catch up, and perhaps even take out the 105.00 level which has eluded the pair for the past few...
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